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The Boston Globe

Business

Study questions usefulness of mayor’s energy proposal

Programs that require commercial property owners to monitor and publicly report energy and water consumption in their buildings impose financial burdens on the owners with no guarantee of producing significant energy savings, according to a report commissioned by commercial real estate groups to be released Thursday.

The report is in response to a recent proposal by Mayor Thomas M. Menino to require such monitoring and reporting to promote energy efficiency. The report, authored by Robert Stavins, an environmental economist at Harvard University, studied experiences in other cities with similar programs and found that any energy savings are likely to be negligible.

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